379Constitution of Trust

#### 379 Constitution of Trust 379 Constitution of Trust > > (1) There is constituted by this Act a body corporate with the corporate name of the Water Investment Trust. > > > (2) The Trust has such functions as are conferred or imposed on it by or under this or any other Act or law. > > > (3) The Trust is, for the purposes of any Act, a statutory body representing the Crown. > > > (4) The affairs of the Trust are to be managed by a Board of Trustees. > > > (5) Subject to this section, the constitution and procedure of the Board of Trustees are to be as prescribed by the regulations.